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Westfield 01085
20 Chestnut St
$115,000
● House - Off Market

20 Chestnut St

Westfield, MA 01085
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,582 Ft²
$148,058
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Large 7 room, 3 bedroom, 1.5 bath, and almost 1600 sq ft priced at almost half of assessed value. Nice tree-lined street with historic homes and pride of ownership. This house has a lot of space and a nice lot and could be a great deal for the right person. Large 2 car detached garage provides extra room for workshop and storage. So much potential here. Worth a look.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$56
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1863

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72021587)

Price History

Date / Event Date Event Price
Dec 19, 2016 Sold
Premium
Sold
Jun 9, 2016 Listed by Century 21 Hometown Associates $88,000
Listed by Century 21 Hometown Associates
May 13, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1863
  • Effective Year Built: 1863
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,584
  • Total Building Area: 1,582
  • Gross Building Area: 2,398
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000381
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westfield School District
  • School Tax School District: WESTFIELD SD
  • Census Tract: 812701

Geography

  • Parcel: WFLD M:64 L:34
  • Lot: 34
  • Municipality: WESTFIELD
  • Latitude: 42.121
  • Longitude: -72.7592

    Address

  • Full Address: 20 Chestnut St
  • Address - House Number: 20
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Westfield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2717
  • Zip Code: 01085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $373,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 246,050
  • High Value: 289,660
  • Low Value: 202,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $86,400
  • Assessed Improvements Value: $133,600

    Sales

  • Current Sale Recording Date: Dec 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 75946
  • Previous Sale Recording Date: May 13, 2016
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: 34
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Westfield

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2116 ft²

Average Home Age

65.3 years

Currently For Sale

69 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72021587

Frequently Asked Questions

When was property at 20 Chestnut Street built and last sold?
The property at 20 Chestnut Street was built in 1863 and last sold on Jan 1, 1970 for $115,000.
How much is this home worth?
The estimated value of the home located at 20 Chestnut Street is $105,989.
What are some comparable homes to 20 Chestnut Street?
There are currently no comparable homes to 20 Chestnut Street.
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